Commercial International Bank (CIB)

Overview and History

Commercial International Bank (Egypt) S.A.E., commonly known as CIB, is a commercial bank operating within the Egyptian market. The institution functions under the legal framework for joint-stock companies in Egypt, holding the S.A.E. designation.

The bank's operational history traces its origins to 1975. The institution has operated under the name Commercial International Bank, or CIB, since 1987.

Corporate Structure and Governance

CIB is structured as a publicly listed entity. As an S.A.E. (Société Anonyme Egyptienne), its shares are part of a public market context, and the bank adheres to the corresponding regulatory and reporting standards.

The bank maintains public-facing governance and investor-relations materials. This includes the publication of financial statements, governance documents, and presentations related to its Environmental, Social, and Governance (ESG) and Investor Relations (IR) activities. Information regarding its board of directors is also part of its public reporting.

Personal Banking Services

CIB provides a range of services for its personal banking customers. The product suite for individuals includes various types of accounts, savings and deposit products, and a selection of card services.

For individual borrowers, the bank offers specific lending solutions. The available information confirms the provision of personal lending products and mortgage financing for its retail client base.

Business and Institutional Banking

The bank serves the business community through a dedicated business and SME banking segment. This division provides financial products and services structured for small and medium-sized enterprises operating in Egypt.

For larger organizations, CIB operates an institutional and corporate banking division. This segment offers financial solutions tailored to the needs of corporations, including access to business and corporate financing.

In addition to financing, the bank's offerings for institutional clients include treasury-related functions. These services are designed to support the financial management and treasury operations of its corporate customers.

Wealth and Investment Services

CIB operates a distinct service line for private and wealth-oriented clients. This segment is designed to cater to the financial requirements of customers seeking specialized wealth management support and services.

As part of its offerings in this area, the bank provides selected investment and custody-related products. These services are available to clients through its relevant banking divisions.

Digital Banking Channels

The bank provides customers with access to their accounts and services through multiple digital channels. These include platforms for internet banking and mobile banking, which allow for remote account management and transactions.

Further digital access is facilitated through the CIB Smart Wallet application and a dedicated phone banking service. Customers can also perform transactions and access services through the bank's network of Automated Teller Machines (ATMs).